482 Ridgewood Avenue Brooklyn, NY $ 1,300,000
482 Ridgewood Avenue
$ 1,300,000
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482 Ridgewood Avenue

Brooklyn, NY, 11208
$ 1,300,000
Bedrooms-- Baths-- Sq 4,590

Monthly Estimate*

$ 8,110

482 Ridgewood Avenue, Brooklyn, NY 11208 - Image 1
482 Ridgewood Avenue, Brooklyn, NY 11208 - Image 2
482 Ridgewood Avenue, Brooklyn, NY 11208 - Image 3
482 Ridgewood Avenue, Brooklyn, NY 11208 - Image 4

Commercial Property for sale in Brooklyn, NY

for $1,300,000. This 4,590 square foot building was built in 1915 on a lot size of 0.0626.

Introducing a solid, all-brick six-family investment property located in the vibrant East New York neighborhood of Brooklyn. This income-producing corner property offers an excellent opportunity for investors seeking strong returns and long-term value. The building consists of six (1-bedroom) apartments, each well-proportioned and maintaining consistent rental demand. Additional highlights include a finished basement for versatile use and a private 4-car garage, providing rare convenience and enhancing the property’s overall value. Ideally situated on the corner of Ridgewood Avenue, the property enjoys close proximity to major transportation options, including the J & Z subway lines as well as B13 and B26 bus routes, ensuring easy commutes throughout Brooklyn and beyond. The neighborhood is bustling with amenities such as shopping centers, restaurants, and grocery stores, while recreational and educational needs are met by Highland Park and Community School District 19. This property presents a remarkable turnkey investment in a strong rental market with immediate income potential and continued growth opportunities

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 17,844

Style

Multi Family

Lot Size

0.0626

Year Built

1915

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

906253

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Trash Collection Public Water Connected
Appliances Electric Oven ENERGY STAR Qualified Appliances Gas Cooktop Gas Oven
Zoning R-5
Security Features Building Security
Construction Materials Brick
Year Built 1915
Tenant Pays Electricity Gas
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Property Subtype Multi Family
Tax Year 2025
Parcel Number 04132-0035
Gross Income 125000
Community Features Other Park Playground Sidewalks
Accessibility Accessible Common Area Accessible Entrance
County Kings (Brooklyn)
Operating Expense 25000
Insurance Expense 8000
Property Type Commercial Sale
Building Features Ceiling Fan(s) Walk Up
Directions Introducing a solid all-brick six-family investment property located in the vibrant E.New York neighborhood of Brooklyn. This income-producing corner property offers an excellent opportunity for inve
City New York
High School District Contact Agent
Number Of Units Total 6
Elementary School Ps 159 Isaac Pitkin
Property Attached Y/N N
Tax Annual Amount 17844
Showing Instructions By Appointments Only.
Fuel Expense 3600
Property Condition Actual Updated/Remodeled
Water Sewer Expense 6000
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 19
Elementary School District Brooklyn 19
Tax Lot 35
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Interior
Basement Common Finished Full
Flooring Hardwood
Total Stories 3
Basement Features Common Finished Full
Basement (Y/N) Y
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Exterior
Fencing Fenced
Parking Features Attached Attached
Water Source Public
Total Parking 4
Parking Spaces 4
Foundation Details Block Stone
Building Area Total 4590
Waterfront Y/N N
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Internal Only
Street Number 1 482
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* Excluded Features
List By
Devaykanan Rishudeo

Listing Agent

Douglas Elliman Real Estate

Broker

516-669-3700

Contact

Affordability Calculator

$9,597
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$1,487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5258693 Elementary School
4892561 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/11/2025$1,300,000 -3.70% Price Down
8/28/2025$1,350,000 Listed Price

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482 Ridgewood Avenue, Brooklyn, NY, 11208 is a Commercial Property for sale at $1,300,000 with 4,590 sqft and a lot size of 0.0626. 482 Ridgewood Avenue was built in 1915. The property's zip code is 11208 which is in Brooklyn, NY